6933 Marshall Ave SEGrand RapidsMI49508








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage


Investment Highlights
Rental property for sale in Grand Rapids at 6933 Marshall Ave SE, Grand Rapids, MI, 49508 offers $3,803/mo rent that, after a $1,957/mo payment, leaves $1,166/mo cash flow. Total monthly income is $3,803/mo, and annual cash flow is $13,994/yr on $132,567 cash. Return on cash invested measures 30.47% in year one, and rental yield stands at 11.41% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 160% and total cumulative return in cash reaches $212,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,803/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Jason P Schuringa • Five Star Real Estate (M6)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24045011
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








